> In Austria, you don't need any capital at all, to start a EPU (One-Person-Company) which is really convenient.
You can do that in any country. Austria sucks donkeyballs for staring an actual company however. You need 35.000 in capital and you need to involve a notary. The additional cost for actually getting the company in place is a few thousand euro, you need to listen to the notary read down the contract you made yourself and then you are subject to all sorts of utterly bizarre rules and regulations such as publishing your yearly report in a specific newspaper which charges you an arm and a leg for this privilege.
Heh - your comment reminds me of one of my impressions of Austria, where we spent a couple years: "a lot of the same bureaucratic BS as Italy, just administered a lot more efficiently".
> Heh - your comment reminds me of one of my impressions of Austria, where we spent a couple years: "a lot of the same bureaucratic BS as Italy, just administered a lot more efficiently".
German administration feels exactly the same. I have heard that situation being called "Prussian administration": slow and cumbersome to operate like a Prussian tank, efficient in its task like a Prussian tank.
I'm cautiously optimistic that things are going to change. The bureaucracy is efficient, no doubt there. However some of it just has no reason to exist and we all would be better off by getting rid of it.
You can do that in any country. Austria sucks donkeyballs for staring an actual company however. You need 35.000 in capital and you need to involve a notary. The additional cost for actually getting the company in place is a few thousand euro, you need to listen to the notary read down the contract you made yourself and then you are subject to all sorts of utterly bizarre rules and regulations such as publishing your yearly report in a specific newspaper which charges you an arm and a leg for this privilege.
Can we please fix this?